Financial inclusion in Africa: Do Creditors Rights Protection and Information Sharing Matter?

Abstract

Using the global findex database, we examine whether creditors’ rights protection and information sharing matter for financial inclusion in a sample of 36 countries in Africa. Our findings show that only information sharing is important for financial inclusion, particularly when country-level characteristics such as legal origin, income, population density, political stability and bank competition are not controlled for. We suggest that better information sharing may lead to greater financial inclusion in African Countries.